Finance
⛽Iran Conflict Disrupts Global Markets and Supply Chains
The Rundown: The ongoing Iran war has kept the Strait of Hormuz closed for five weeks, blocking 10 million barrels of oil daily and pushing Brent crude above $100.
The details:
- ●Oil prices have spiked $1 per gallon, driving a 13% increase in electric vehicle searches on CarMax
- ●Polymarket shows 63% chance of U.S. ground invasion of Iran by end of April with only 24% chance of ceasefire
- ●Foreign central banks are selling U.S. Treasuries at the fastest pace since 2012 to prop up their economies
- ●Bitcoin and risk assets face continued negative pressure from the energy crisis
Why it matters: Geopolitical disruptions are creating both challenges and opportunities across industries. EV companies have a rare marketing window as gas prices spike, while the treasury sell-off signals potential dollar weakness. For founders in energy-adjacent sectors, this volatility creates both immediate demand spikes and long-term supply chain planning challenges.
📰 Source: Milk Road Macro